openPR Logo
Press release

FMI Study Predicts Global Chilled Beam System Market Revenue to Exceed USD 607.1 Million Mark by 2033, Driving 5.7% CAGR Growth

Chilled Beam System Market

Chilled Beam System Market

The global chilled beam system market is on track to achieve a significant milestone, with a projected valuation of USD 607.1 million by 2033, representing a notable increase from its estimated worth of USD 348.8 million in 2023. This upward trajectory is underpinned by a substantial Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2033, building upon the strong foundation established during the period from 2018 to 2022.

Between 2018 and 2022, the demand for chilled beam systems witnessed steady growth, boasting a Compound Annual Growth Rate (CAGR) of 4.8%. This growth was primarily fueled by the rapid advancements across sectors such as healthcare, infrastructure, and hospitality, which spurred the heightened demand for chilled beam systems. This trend is expected to persist in the foreseeable future, further propelling the expansion of the market.

Request Your Sample Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-500

As per FMI's regional market survey, the U.S. is anticipated to dominate the North America chilled beam systems market. Being a relatively new ventilation concept, adoption of chilled beam systems is expected to grow at a steady pace. Apart from this, expansion of residential, corporate, and healthcare infrastructure will continue spurring demand for chilled beam systems in the U.S.

Key Takeaways:

Based on product type, concealed chilled beam systems are projected to dominate the segment.

In terms of design, sales of standard chilled beam systems are anticipated to remain high through 2033.

Corporate offices will account for maximum applications of chilled beam systems in the forthcoming years.

The U.S. is anticipated to lead the chilled beam systems market due to growing demand for energy-efficient ventilation solutions in the country. FMI projects the North America chilled beam systems market to grow at a 5.6% CAGR.

The U.K. is expected to exhibit high demand for chilled beam systems, owing to rapid expansion in the hospitality and education sectors. The European chilled beam systems market is projected to expand at a 5.3% CAGR.

Being one of the key exporters and producers of chilled beam systems, Germany will emerge as a lucrative market during the forecast period.

Rapid development of smart cities and increasing adoption of modern cooling systems in India will place it as an attractive market through 2033.

Competitive Landscape:

As per FMI's market analysis, top 5 players operating in the chilled beam systems market comprise SAS International Limited, Lindab International AB, Halton Group, Trox GmbH, and Caverion Corporation, holding 58.5% of the total market share.

Prominent players operating in the chilled beam systems market are emphasizing strategic collaborations and partnerships to expand their global footprint. Apart from this, product portfolio expansion and robust aftersales services will remain key growth strategies among leading players.

For instance:

In August 2021, Johnson Controls, a global leader in smart and sustainable building solutions, announced a strategic collaboration with Apollo Global Management, a leading global asset manager, to provide sustainable and energy-efficient solutions various sectors to address decarbonization and high operational costs in buildings.

In July 2021, Caverion Corporation acquired GTS Immobilien GmBH, a leading building automation service provider in Austria. Through this acquisition, Caverion is aiming to strengthen its market position in smart technologies and building automation solutions for diverse end-uses.

Explore Report Details! https://www.futuremarketinsights.com/reports/chilled-beam-system-market

Chilled Beam System Market by Category:

By Product Type:
Concealed
Active
Passive
Multiservice
Exposed
Active
Passive
Multiservice
Recessed
Active
Passive
Multiservice

By Design Type:
Standard
Customized

By End-User Type:
Educational Institutions
Healthcare Facilities
Corporate Offices
Hotels/Restaurants
Other Institutions (Military, Residential, Industrial, etc.)

By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

Read More Reports!

Seam Welding Machine Market - https://marketresearchblog.org/2024/12/global-seam-welding-machine-market-value-forecasted-to-reach-usd-2055-5-million-mark-by-2032-surging-at-3-8-cagr/

Stair Lift Motors Market - https://marketresearchblog.org/2024/12/fmi-projection-states-global-stair-lift-motors-market-value-to-hit-usd-307-6-million-mark-by-2033-surging-steadily-at-4-6-cagr/

Temporary Fencing Panels Market - https://marketresearchblog.org/2024/12/global-temporary-fencing-panels-market-estimated-to-exceed-usd-4940-1-million-revenue-by-2033-driving-3-7-cagr-growth/

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release FMI Study Predicts Global Chilled Beam System Market Revenue to Exceed USD 607.1 Million Mark by 2033, Driving 5.7% CAGR Growth here

News-ID: 3787330 • Views:

More Releases from Future Market Insights, Inc.

Global Weatherization Services Market Size Estimated to Exceed USD 58.6 Billion by 2035, Surging Steadily at 3.7% CAGR
Global Weatherization Services Market Size Estimated to Exceed USD 58.6 Billion …
The global weatherization service market is on track for significant growth, with a projected market valuation of USD 58.6 billion by 2035. This represents a substantial increase from the estimated USD 35.5 billion market value in 2025. This upward trend is fueled by a steady Compound Annual Growth Rate (CAGR) of 3.7% anticipated from 2025 to 2035. A key driver of this impressive growth is the global push for promoting weatherization
Global Glass Door Merchandisers Market Revenue Anticipated to Surpass USD 13,557.9 Million by 2028, Growing at 7.5% CAGR
Global Glass Door Merchandisers Market Revenue Anticipated to Surpass USD 13,557 …
Future Market Insights (FMI) has released a comprehensive analysis projecting substantial growth in the glass door merchandisers market, with an anticipated valuation surpassing USD 13,557.9 million by 2028. The study highlights a robust Compound Annual Growth Rate (CAGR) of 7.5% from 2022 to 2028, indicating a promising trajectory for market expansion. Discover What's Inside - Request Your Sample Report Now. https://www.futuremarketinsights.com/report-sample#5245502d47422d37343230 The analysis conducted by FMI underscores several key factors driving this
FMI Analysis Affirms Global Extruder and Compounding Machines Market Size to Cross USD 113.96 Billion by 2034, Surging at 4.2% CAGR
FMI Analysis Affirms Global Extruder and Compounding Machines Market Size to Cro …
The global extruder and compounding machines market is poised for steady growth over the next decade, with a projected valuation of USD 113.96 billion by 2034. This expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 4.2%, building upon a market size of USD 75.53 billion in 2024. This report provides a comprehensive analysis of the extruder and compounding machines market, including a comparison with closely related
Global Card Printer Ribbons Market Anticipated to Surge Past USD 1264.8 Million by 2034, Registering 4% CAGR | FMI Study
Global Card Printer Ribbons Market Anticipated to Surge Past USD 1264.8 Million …
The global card printer ribbons market is poised for substantial expansion, with a projected Compound Annual Growth Rate (CAGR) of 4% from 2024 to 2034. Having achieved noteworthy sales of USD 854.4 million in 2024, the market is anticipated to witness a significant surge, surpassing the significant milestone of USD 1264.8 million by the conclusion of the assessment period in 2034. Get Ahead Of The Curve - Request Your Sample Report

All 5 Releases


More Releases for FMI

Guidewires Market's Journey Ahead: FMI Report Anticipates 6.1% CAGR, US$ 5.9 Bil …
From 2022 to 2030, the global Guidewires Market is projected to develop significantly at a compound annual growth rate of 6.1%, with a market size of over US$ 3.7 Bn in 2022. The market is expanding at a faster rate due to rising demand for straight-tip guidewires for minimally invasive spine and cervical surgeries. According to a new research study by Future Market Insights, -Straight tip guidewires, with a current share of
Ammonium Phosphate Market Share, Size, Trends - 2029 | FMI
The projected growth rate of ammonium phosphate market is approximately 3.3% over the course of forecast period (2019-2029). The demand from fertilizers segment remains steady and even surges in emerging economies. Other end-use industries such as electronics and optics are complementing the growth of ammonium phosphate market. Download Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-1469 Key Takeaways of Ammonium Phosphate Market Study • Fertilizers industry accounts for substantial ammonium phosphate demand. • Rising uptake of ammonium phosphate in
Wearable Fitness Trackers Market Forecast & Share 2027 | FMI
The global wearable computing devices market is expected to be worth US$ 37,557 Mn in 2022, rising to US$ 217,237.2 Mn by 2032. The sales of wearable computing devices are expected to grow at a CAGR of 19.2% during 2022-2032. The wearable computing devices market size is expected to increase during the projected period as they assist clinicians in remotely monitoring patient health. Consumer interest in smart fitness gadgets is increasing
Edible Oil Packaging Market Size & Share - 2023 - 2031 | FMI
According to a recent report by Future Market Insight, sales of packaging solutions for edible oil would increase by 1.7 times to reach 3.7 billion units in 2031. In 2021, the market for packaging edible oil is anticipated to expand annually by 4.1%. By 2025, FMI projects that sales of drums will be close to $5 billion. The market for edible oil packaging in the United States is anticipated to
MOPP Packaging Films Market Size, Analysis & Opportunity | FMI
The MOPP packaging films market is projected to register high demand through 2021, with the overall valuation reaching US$ 221.7 Mn in 2021. FMI also forecasts MOPP packaging films demand to increase at a steady 5.2% CAGR between 2021 and 2031. Despite restrictions imposed amid COVID-19, MOPP packaging films demand will surge 2021 onwards, albeit gradually. Volume sold globally is expected to total 135.2 Th. tones by the end of
Labels Market Size, Industry Share, Sales & Trends - 2032 | FMI
The global labels market size is set to reach a valuation of US$ 39.8 Bn in 2022, and further accelerate at a CAGR of 4.8% from 2022-2032. The market is projected to reach US$ 63.7 Bn by the end of 2032. Sales of labels are anticipated to augment with the top 5 players holding 10-15% of the global labels market share in 2021. Based on product type, the pressure sensitive labels